Manufacturing

Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.

United Spirits sells Tern Distilleries to building materials maker

Manufacturing

25 January, 2021

United Spirits sells Tern Distilleries to building materials maker

United Spirits Ltd, a Diageo-owned alcoholic beverages manufacturer, has sold a non-operational subsidiary to building materials...

Manufacturing

25 January, 2021

GM warns Maharashtra's move to block its exit could hit investment

An Indian state's move to block General Motors (GM) from shutting a plant and exiting the country defies the state's ......

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Manufacturing

22 January, 2021

Vectus Pipes puts IPO on hold; key investor partially exits via buyback

Plastic water tank and pipes maker Vectus Industries Limited has put its initial public offering (IPO) plans on the backburner...

Manufacturing

19 January, 2021

Motherson Sumi to enter Turkey via two acquisitions

Automotive parts manufacturer Motherson Sumi Systems Ltd will enter the Turkish market with the acquisition of two companies through...

Manufacturing

13 January, 2021

Mahindra cuts over half of North America workforce

Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two ......

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Manufacturing

06 January, 2021

TCG gets court nod to acquire bankrupt textile co

Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company...

Manufacturing

05 January, 2021

Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units

Seven months after court approval, UK-based distressed steel investor Nithia Capital and American global alternative investment...

Manufacturing

05 January, 2021

Fiat Chrysler to invest $250 mn in India unit to launch new SUVs

Fiat Chrysler Automobiles NV (FCA) said on Tuesday it will invest $250 million to grow its presence in India with ......

Manufacturing

04 January, 2021

Jaykay Enterprises forms metal-printing JV with German firm

Jaykay Enterprises Ltd (JKEL), part of the JK conglomerate, has formed a joint venture with the Singapore unit of Germany-based...

Manufacturing

04 January, 2021

India's manufacturing sector ends 2020 on brighter note

India's factory sector ended a rough 2020 on a stronger note as manufacturers boosted production to meet rising demand, a...

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